Databricks is the largest VCX holding and has been marked down recently at other funds. This development could be negative for the fund’s NAV. Other companies in similar situations are Canva and Epic games, which I believe are also holdings of VCX.
My Q1 payout was $348 but now it's jumping to $2,429 for Q2.
I recently requested a liquidation of my fundrise account in May 26, I had about $10,000, but now its saying that its only sending back $1,575.47 Income Real Estate Fund and $4,109.56 from Flagship Real Estate Fund and my account value is still showing $3200 left. Whats going with this
Finally some good news for VCX !!!
🇺🇸 The US government has lifted export restrictions on Anthropic's Fable 5 and Mythos 5 AI models.
The restrictions, imposed on June 12 over national security concerns, have now been fully removed after Anthropic agreed to strengthen safeguards and coordinate with the US government on AI security.
Anthropic said it expects to restore user access starting Wednesday.
I put together this chart of assets under management at Fundrise. It’s clearly been tough for the company since the COVID boom. The company has attributed the recent increase in assets over the past 1-2 years to the Innovation Fund, which explains why they are pushing for another innovation fund. It will also be interesting to see how AUM changes once redemptions are allowed again for the funds that were merged in April.
Anyways, I thought this could spark an interesting discussion because it’s relevant to anyone that’s invested in the Fundrise iPO, innovation fund, and other funds.
I feel like VCX not ever having anything in the news is not only a bad thing, but possibly detrimental to the future of the fund. What benefit could there be in keeping everything secret?
I’m feeling very disappointed in the performance of my fundrise portfolio. I’ve been invested for over 5 years now and never liquidated anything. But my performance is negative and I seem to have tied a lot of money into it without any growth.
Can anyone explain why this could be happening or what I should do? Attached screenshots that show the bad performance, portfolio.
Investor since 2018 in mostly RE and a little bit of venture and I’m absolutely done with this company after abysmal returns and suddenly chasing new schemes for years.
VCX price dropping toward NAV even with the lockup, most of the major holdings looking to IPO within the year, company pivoting to VCX 2 already, RE funds have to be hemorrhaging money from people redeeming, who in their right mind isn’t pulling all their money out? Will we even be able to?
Is their Real estate AI product even a thing anymore? It’s a bunch of public data slapped on top of Claude that they want to charge for…. They went radio silent on that…
If I was a betting man I’d say layoffs in the next 6 months.